CHRYSLER

U.S. auto sales lost momentum in the final weeks of January, auto executives and a leading analyst cautioned on Monday, setting the stage for a softer start to 2011 than the industry had expected.

Chrysler Group LLC, the automaker managed by Fiat SpA, projected its sales would grow by a third in 2011, outpacing gains by the industry in a recovering market on the strength of revamped models.

Chrysler Group LLC, the automaker managed by Fiat SpA, reported a net loss for the fourth quarter and projected profits in 2011, the year it plans to go public.

Chrysler Group LLC, the automaker managed by Fiat SpA, reported a $199 million net loss for the fourth quarter on Monday and it expects to be profitable in 2011, the year it plans to go public.

Chrysler Group LLC plans to temporarily shut down its plant in Windsor, Ontario next week due to a shortage of parts, a spokeswoman said on Friday. The plant, which is expected to reopen on February 7

Coda Automotive Inc., an electric car company based in Santa Monica, California, has named industry veteran and former executive of GM China, Phil Murtaugh, as its new CEO.

Auto industry executives are expected to see a rise in investment in new powertrain technology, new plants, alternative fuel technologies and high growth markets, merger and acquisition activity over the next five years, according to the 12th annual global automotive survey conducted by KPMG LLP.

The U.S. Treasury may not have fully vetted the settlement of its interest in Chrysler Financial last year and not gotten a strong enough return for taxpayers, a bailout watchdog said in a report issued on Thursday.

Workers at Italian carmaker Fiat's (FIA.MI) historic Mirafiori plant were set to start the voting later on Thursday on an employment deal aimed at helping revive Fiat's fortunes at home.

Leaving behind a long list of previously attached talent from stars George Clooney, Mark Wahlberg and Jake Gyllenhaal to filmmaker Kevin Smith, the Black Beauty finally roars into theaters this weekend with Seth Rogen and Jay Chou

The U.S. Treasury may not have fully vetted the settlement of its interest in Chrysler Financial last year and not gotten a strong enough return for taxpayers, a bailout watchdog said in a report on Thursday.

The U.S. Treasury may not have fully vetted the settlement of its interest in Chrysler Financial last year and not gotten a strong enough return for taxpayers, a bailout watchdog said in a report on Thursday.

The corporate news that impacted the market during Tuesday session are: General Motors, Ford Motor, Chrysler Group, Motorola, Motorola Mobility Holdings, Motorola Solutions, and Macy's. The companies that reported earnings news after the market close are: Sonic, AngioDynamics, Landec, Team, and Mosaic. The companies that reported guidance revision news after the market close are: Mattson Technology, and Trident Microsystems.

The 2008 and 2009 bailout of the U.S. auto industry would not have taken place if Congress had been more specific in how then President George W. Bush could spend the money it gave him, a lawmaker tasked with government oversight said on Sunday.

Chrysler Group is recalling 150,000 trucks, crossover wagons and SUVs in three separate campaigns over steering, stalling and airbag concerns.

Chrysler Group LLC, the automaker managed by Italy's Fiat SpA, recalled more than 144,000 vehicles in three separate filings to federal regulators posted on Thursday.

Shares of General Motors rose more than 2 percent Tuesday after a slew of analysts advised buying shares of the automaker, which has raised $23 billion recently in the world's largest IPO.

2010 will be remembered as the worst year for automobile industry. A number of leading car makers including Toyota, Honda, GM, BMW, Hyundai, Nissan, Ford, Chevrolet recalled lakhs of vehicles because of various defects and safety problems.

South Korean automakers Hyundai and Kia Motors and German auto mobile giant Volkswagen won more top safety pick awards than any other brands in 2010, the Insurance Institute for Highway Safety said.

Toronto-Dominion Bank has agreed to buy Chrysler Financial from private equity firm Cerberus Capital Management, L.P. (Cerberus) for $6.3 billion in cash, part of a major expansion of Canadian banking behemoths into the United States.

Toronto-Dominion Bank is buying Chrysler Financial from Cerberus Capital Management for $6.3 billion, the second time in a week that a Canadian lender has placed a big bet on the resilience of the U.S. economy.